Tax Rates

School Bonds and Levies and your taxes

Both levy measures replace existing local school taxes. As North Kitsap School District worked through the planning phase of the February 2018 levy measures, providing a stable tax rate for our taxpayers was a primary goal.

The graph below how each levy, and all the school taxes combined will affect your tax bill for the next several years. As planning continues for future needs, this remains a high priority.

EP&O Levy Tax Rates

The state legislature approved a plan (Engrossed House Bill 2242) in July 2017 which is intended to provide additional funding for all 295 districts in Washington State. The plan involves increasing state property taxes for education and placing limits on the amount of EP&O levy funding that local school districts can collect. Beginning in 2019, districts can either collect $1.50 per $1,000 of assessed valuation (AV) or $2,500 per student, whichever is less. For North Kitsap the $1.50/$1,000 AV is less.The graph below shows that the current M&O levy rate is at $2.72 for 2018. This levy expires at the end of 2018. If approved, the EP&O levy, which will begin in 2019, will have a steady rate of $1.50.

Capital Levy Tax Rates

North Kitsap voters approved a $60 million bond measure in 2001 for building upgrades, renovations and the construction of Kingston High School. Bond payments expire in 2018.

The graph below shows that the bond tax rate for 2017 is $1.31. In 2018 it drops to $.29. If approved, the capital levy tax rate of $1.26 will begin in 2019. This rate will stay steady, and will be able to sustain future projects.

*2018 and beyond rates based on November 2017 Kitsap County Assessor estimated 5% increase in property value.

Total tax rates for all school levies and bonds

To assist our taxpayers in understanding the entire picture for school taxes, the graph below outlines the expiring bond, proposed capital levy, expiring M&O, proposed EP&O levy, and state portion of school taxes.

In 2017 rates came down slightly from $6.68 to $6.05. In 2018 the total rate stays the same, and will continue to stay stable for the next several years.

*2018 and beyond rates based on November 2017 Kitsap County Assessor estimated 5% increase in property value.

If the EP&O levy and Capital Projects levy are both approved by voters, taxpayers tax rates will remain approximately the same and will provide stability in future years.

*2018 and beyond rates based on November 2017 Kitsap County Assessor estimated 5% increase in property value.

Wonder how property values affect voter-approved taxes on levies and bonds? Check out the video below from NWESD.